HEALTHCARE GLOBAL ENTERPRISES
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The Current P/E Ratio of HEALTHCARE GLOBAL ENTERPRISES is 104.90.
Share Price | ₹460.5 | Nov 13,2024 |
Market Cap | ₹6,418.7 Cr | |
Earnings-TTM | ₹61.2 Cr | TTM-Consolidated Results |
Price/Earnings | 104.90x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HEALTHCARE GLOBAL ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,418.7 Cr] as on Nov 13,2024
(/) Earnings [ ₹61.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 104.90x ]
Thus, for HEALTHCARE GLOBAL ENTERPRISES , the investors are currently willing to pay 104.90 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HEALTHCARE GLOBAL ENTERPRISES !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HEALTHCARE GLOBAL ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of HEALTHCARE GLOBAL ENTERPRISES
PE Ratio Performance Analysis for HEALTHCARE GLOBAL ENTERPRISES
- HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 58.43x.
- HEALTHCARE GLOBAL ENTERPRISES 's operated at median p/e ratio of 69.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio peaked in Mar2023 at 124.52x.
- HEALTHCARE GLOBAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does HEALTHCARE GLOBAL ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HEALTHCARE GLOBAL ENTERPRISES | 61.19 | 104.90 | 6,418.7 |
APOLLO HOSPITALS ENTERPRISE LTD | 1,196.80 | 82.42 | 98,637.0 |
MAX HEALTHCARE INSTITUTE LTD | 1,058.96 | 92.01 | 97,431.9 |
GLOBAL HEALTH LTD | 482.31 | 57.65 | 27,806.7 |
FORTIS HEALTHCARE LTD | 690.76 | 67.86 | 46,871.6 |
NARAYANA HRUDAYALAYA LTD | 779.18 | 33.02 | 25,727.0 |
ASTER DM HEALTHCARE LTD | 454.35 | 47.50 | 21,581.5 |
DR LAL PATHLABS LTD | 406.60 | 60.93 | 24,775.0 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 364.19 | 60.86 | 22,165.7 |
RAINBOW CHILDRENS MEDICARE LTD | 232.37 | 69.90 | 16,241.7 |
METROPOLIS HEALTHCARE LTD | 148.62 | 70.75 | 10,515.2 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs HEALTHCARE GLOBAL ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 33.02x |
Max industry PE | 104.90x |
Median industry PE | 67.86x |
Average industry PE | 67.98x |
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